Stephane Garelli - a world authority on competitiveness - has pioneered research in this field for 25 years. Emeritus Professor at IMD (Institute of Management Development) Lausanne, where he has founded the World Competitiveness Centre, he is also EmeritusProfessor at the University of Lausanne. Professor Garelli is closely connected to the world of business. He is, among others, Chairman of the Board of Directors of „Le Temps“, the leading French language Swiss newspaper. He was formerly Chairman of the Board of the Sandoz Financial and Banking Holding, and member of the board of the Banque Edouard Constant. Professor Garelli was the Managing Director of the World Economic Forum and of the Davos Symposium for many years. For twelve years he was also permanent senior adviser to the European management of Hewlett-Packard. He is a member of a number of institutes, such as: China Enterprise Management Association, Board of the ‘Fondation Jean Monet pour l‘Europe’, The Swiss Academy of Engineering Sciences, the Mexican Council for Competitiveness.